Warren Buffett Now Owns More Lee Enterprises Stock
|Warren Buffett cosplays as a newsie.|
As is often the case with Buffett, when he buys a stock, others follow in his wake. Lee Enterprises' stock opened Tuesday morning trading at $1.29 per share; it opened this morning at $1.60.
Of course, you know who really benefits from this bit of news? Lee's CEO, Mary Junck. That last wad of bonus stock she received just days before laying off 23 Post-Dispatch employees is worth a whole bunch more now. Finally, something in this country is going a CEO's way.